Market Overview:
The global linear DC actuators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for linear DC actuators from various end-use industries, such as electric power, machinery, metallurgy, mine, petroleum and chemical. Additionally, the growing demand for miniaturization and automation across various industries is also propelling the growth of this market. Based on type, the global linear DC actuators market can be segmented into 12V type and 24V type. The 12V type segment is expected to account for a major share of this market during the forecast period owing to its low cost and easy installation. Based on application, this market can be divided into electric power generation & distribution; water supply & drainage; heating ventilation air conditioning (HVAC); metal production process control; machine tooling systems; automotive engineering applications; food processing machines; packaging machines etc.
Product Definition:
Linear DC actuators are devices that convert electrical energy into linear motion. They are used in a wide variety of applications, including industrial automation, medical equipment, and laboratory instrumentation. Linear DC actuators are important because they provide a means of converting electrical energy into linear motion, which can be used to power various devices or machines.
12V Type:
The 12V type linear actuators market is expected to grow at a significant rate owing to the increasing demand for electric vehicles. The growth of this segment can be attributed to several factors such as stringent emission norms, growing awareness regarding eco-friendly products and rapid industrialization across the globe.
12 V linear actuators are used in various applications such as cranes, forklifts, material handling equipment and construction machinery among others.
24V Type:
The 24V type is used in linear actuators to provide a range of motion with high power. It can be used in various applications such as industrial robots, material handling equipment, forklifts and pallet jacks. The demand for 24V type is expected to grow over the forecast period owing to its increasing usage across different verticals including automotive & transportation and manufacturing industries.
Application Insights:
The electric power application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The actuators are widely used in electric power generation plants, hydroelectricity stations, windmills and solar farms for controlling electricity generation or transmission speed as per requirement time periods.
Electricity generated using renewable sources such as wind energy requires constant monitoring and adjustment of turbines to maintain optimum output levels which results in increased demand on linearly actuated motors across all applications sectors globally. This trend is expected to continue over the forecast period due to increasing need for clean energy resources globally coupled with rising environmental concerns regarding greenhouse gas emissions from fossil fuel-based generators across various regions including North America & Europe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for global linear DC actuators over the forecast period. The growth can be attributed to increasing demand from developing countries such as China and India. In addition, rising investments in infrastructure development are also likely to drive product demand in this region. For instance, according to International Monetary Fund (IMF), Asia Pacific economy accounted for 31% of global GDP and 29% of global industrial output in 2016.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing its large oil & gas reserves which will lead towards an increase in machinery manufacturing activities across various industries including construction, automotive, energy & power among others.
Growth Factors:
- Increasing demand for miniaturization in various industrial and commercial applications is expected to drive the linear DC actuators market growth.
- Growing demand for electric vehicles is also anticipated to boost the linear DC actuators market growth over the forecast period.
- Rising adoption of automation in various industries is another key factor that is expected to fuel the linear DC actuators market growth during the forecast period.
- Increasing investments in research and development activities for new product launches by leading players is likely to propel the linear DC actuators market growth during the forecast period. 5) Growing awareness about energy efficiency and its benefits are some of other factors that are projected to fuel Linear Dc Actuator Market Growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Linear DC Actuators Market Research Report
By Type
12V Type, 24V Type, Others
By Application
Electric Power, Machinery, Metallurgy, Mine, Petroleum, Chemical, Transportation, Others
By Companies
IAI, Parker, THK, LINAK, SKF, Moteck Electric, Chiaphua Components, Tolomatic, TiMOTION, DewertOkin, IAI, Linear-Mech, Venture Mfg, Thomson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Linear DC Actuators Market Report Segments:
The global Linear DC Actuators market is segmented on the basis of:
Types
12V Type, 24V Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Power, Machinery, Metallurgy, Mine, Petroleum, Chemical, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IAI
- Parker
- THK
- LINAK
- SKF
- Moteck Electric
- Chiaphua Components
- Tolomatic
- TiMOTION
- DewertOkin
- IAI
- Linear-Mech
- Venture Mfg
- Thomson
Highlights of The Linear DC Actuators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 12V Type
- 24V Type
- Others
- By Application:
- Electric Power
- Machinery
- Metallurgy
- Mine
- Petroleum
- Chemical
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Linear DC Actuators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Linear DC actuators are a type of electric motor that use linear motion to generate power. They are often used in applications where precise, repeatable movement is required, such as industrial robotics or medical devices.
Some of the major companies in the linear dc actuators market are IAI, Parker, THK, LINAK, SKF, Moteck Electric, Chiaphua Components, Tolomatic, TiMOTION, DewertOkin, IAI, Linear-Mech, Venture Mfg, Thomson.
The linear dc actuators market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Linear DC Actuators Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Linear DC Actuators Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Linear DC Actuators Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Linear DC Actuators Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Linear DC Actuators Market Size & Forecast, 2020-2028 4.5.1 Linear DC Actuators Market Size and Y-o-Y Growth 4.5.2 Linear DC Actuators Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 12V Type
5.2.2 24V Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electric Power
6.2.2 Machinery
6.2.3 Metallurgy
6.2.4 Mine
6.2.5 Petroleum
6.2.6 Chemical
6.2.7 Transportation
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Linear DC Actuators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Linear DC Actuators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 12V Type
9.6.2 24V Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electric Power
9.10.2 Machinery
9.10.3 Metallurgy
9.10.4 Mine
9.10.5 Petroleum
9.10.6 Chemical
9.10.7 Transportation
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 12V Type
10.6.2 24V Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electric Power
10.10.2 Machinery
10.10.3 Metallurgy
10.10.4 Mine
10.10.5 Petroleum
10.10.6 Chemical
10.10.7 Transportation
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 12V Type
11.6.2 24V Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electric Power
11.10.2 Machinery
11.10.3 Metallurgy
11.10.4 Mine
11.10.5 Petroleum
11.10.6 Chemical
11.10.7 Transportation
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 12V Type
12.6.2 24V Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electric Power
12.10.2 Machinery
12.10.3 Metallurgy
12.10.4 Mine
12.10.5 Petroleum
12.10.6 Chemical
12.10.7 Transportation
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 12V Type
13.6.2 24V Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electric Power
13.10.2 Machinery
13.10.3 Metallurgy
13.10.4 Mine
13.10.5 Petroleum
13.10.6 Chemical
13.10.7 Transportation
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Linear DC Actuators Market: Competitive Dashboard
14.2 Global Linear DC Actuators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IAI
14.3.2 Parker
14.3.3 THK
14.3.4 LINAK
14.3.5 SKF
14.3.6 Moteck Electric
14.3.7 Chiaphua Components
14.3.8 Tolomatic
14.3.9 TiMOTION
14.3.10 DewertOkin
14.3.11 IAI
14.3.12 Linear-Mech
14.3.13 Venture Mfg
14.3.14 Thomson